28 research outputs found

    EFFECTS OF THE SUSPENSION AGREEMENT: U.S.-MEXICO FRESH TOMATOES ANTIDUMPING CASE

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    This paper analyzes the effects of the suspension agreement of the U.S.-Mexico fresh tomatoes antidumping cases on U.S. consumers. A linear and dynamic version of an inverse almost ideal demand system is developed to estimate consumer behavior. The measure of consumer welfare – compensating and equivalent variations – is derived specifically for the inverse demand system. The variation of cross-price flexibilities obviously reduced since the minimum export price system came into effect, but consumer welfare does not seem to change much in the circumstance. The consumers’ budget share on domestic fresh tomatoes is likely to reduce and it suggests that the suspension agreement may not guarantee the profit of domestic producers either.tomato, antidumping, inverse demand, consumer welfare, Demand and Price Analysis, International Relations/Trade,

    DEMAND FOR MEAT AND FISH PRODUCTS IN KOREA

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    The Korean livestock industry is currently facing the critical challenge of the market liberalization trend under the World Trade Organization. This study analyzes the consumption behavior of meat and fish products in Korea, by estimating the Linear Approximate Almost Ideal Demand System (LA/AIDS). The empirical results indicate that beef imports in Korea would increase in the future under trade liberalization. If cheap and better quality imported beef are introduced to Korean consumers, Hanwoo (Korean domestic cattle) beef would not maintain its market share. Key words: Meat, fish, trade liberalization, per capita consumption, demand, separability, and price elasticity.Meat, fish, trade liberalization, per capita consumption, demand, separability, and price elasticity., Demand and Price Analysis,

    EFFECTS OF THE SUSPENSION AGREEMENT: U.S.-MEXICO FRESH TOMATOES ANTIDUMPING CASE

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    This paper analyzes the effects of the suspension agreement of the U.S.-Mexico fresh tomatoes antidumping cases on U.S. consumers. A linear and dynamic version of an inverse almost ideal demand system is developed to estimate consumer behavior. The measure of consumer welfare – compensating and equivalent variations – is derived specifically for the inverse demand system. The variation of cross-price flexibilities obviously reduced since the minimum export price system came into effect, but consumer welfare does not seem to change much in the circumstance. The consumers’ budget share on domestic fresh tomatoes is likely to reduce and it suggests that the suspension agreement may not guarantee the profit of domestic producers either

    Green Climate Fund, Pursuing Country Ownership

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    DEMAND FOR MEAT AND FISH PRODUCTS IN KOREA

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    The Korean livestock industry is currently facing the critical challenge of the market liberalization trend under the World Trade Organization. This study analyzes the consumption behavior of meat and fish products in Korea, by estimating the Linear Approximate Almost Ideal Demand System (LA/AIDS). The empirical results indicate that beef imports in Korea would increase in the future under trade liberalization. If cheap and better quality imported beef are introduced to Korean consumers, Hanwoo (Korean domestic cattle) beef would not maintain its market share. Key words: Meat, fish, trade liberalization, per capita consumption, demand, separability, and price elasticity

    Demand for Meat and Fish Products in Korea

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    The Korea livestock industry is currently facing the critical challenge of the market liberalization trend under the World Trade Organization. This study analyzes the consumption behavior of meat and fish products in Korea, by estimating the Linear Approximate/Almost Ideal Demand System(LA/AIDS) for Korean meat and fish products. The empirical results indicate that beef imports in Korea would increase in the future under trade liberalization. If cheap and better quality imported beef is introduced to Korean consumers, Hanwoo beef would not be able to maintain its market share
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